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The IBI will drop an average of 2 percent and the capital gains tax to 24 percent, by 2014 (12/09/2013)

The receipt of property tax will drop an average of 2 percent and capital gains will become cheaper to 24 percent by 2014, as announced by the Mayor of San Javier, Juan Martinez after the adoption today by the House of the modification ordinances regulating the taxes.

The amendment to the ordinance regulating the IBI, which was approved unanimously by all municipal political groups, including an increase in the bonus for those who direct the payment going from 2 to 3 per cent discount on the receipt.

The decrease in the IBI receipt has been made possible by the downward revision of cadastral values ​​by the Ministry of Finance, which will benefit the municipality of San Javier, with a reduction of 15 percent of cadastral values In general, the mayor said Juan Martinez.

The mayor of San Javier explained that as a result of the decrease in the IBI receipt and increased the bonus payment by direct debit, the City will suffer losses of about 300,000 euros, an amount acceptable given the current economic solvency of the City, according to a report from the municipal intervention.

The capital gains tax will drop by 24 percent

The lowering of the capital gains tax, which occurs in the transmission of urban land, will be more noticeable reaching 24 percent over the previous year.

Reducing cadastral goods by 15 percent by the Ministry of Finance, and the drop in the tax rate from 20 to 18 percent of a tax considered very expensive, make possible this fall that "can help reactivate the economy, and the housing market in particular, "said the mayor and head of the Municipal Finance, Juan Martinez.

The lowering of the capital gains tax could make that studies approximate enter the city stopped 600,000 euros "although we expect a drop as pronounced reactive transmission of land and real estate thus contributing to the reduction in income is less than originally anticipated. "

Source: Ayuntamiento de San Javier

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